GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PJT Partners Inc (NYSE:PJT) » Definitions » PB Ratio

PJT Partners (PJT Partners) PB Ratio : 9.84 (As of May. 04, 2024)


View and export this data going back to 2015. Start your Free Trial

What is PJT Partners PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-04), PJT Partners's share price is $99.53. PJT Partners's Book Value per Share for the quarter that ended in Dec. 2023 was $10.12. Hence, PJT Partners's PB Ratio of today is 9.84.

Good Sign:

PJT Partners Inc stock PB Ratio (=9.84) is close to 5-year low of 9.07

The historical rank and industry rank for PJT Partners's PB Ratio or its related term are showing as below:

PJT' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 12.3   Max: 188.86
Current: 9.84

During the past 12 years, PJT Partners's highest PB Ratio was 188.86. The lowest was 1.41. And the median was 12.30.

PJT's PB Ratio is ranked worse than
94.69% of 753 companies
in the Capital Markets industry
Industry Median: 1.28 vs PJT: 9.84

During the past 12 months, PJT Partners's average Book Value Per Share Growth Rate was 33.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of PJT Partners was 77.20% per year. The lowest was 16.00% per year. And the median was 46.60% per year.

Back to Basics: PB Ratio


PJT Partners PB Ratio Historical Data

The historical data trend for PJT Partners's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PJT Partners PB Ratio Chart

PJT Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.18 11.62 14.99 9.74 10.07

PJT Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.24 11.31 9.98 10.07 -

Competitive Comparison of PJT Partners's PB Ratio

For the Capital Markets subindustry, PJT Partners's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PJT Partners's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PJT Partners's PB Ratio distribution charts can be found below:

* The bar in red indicates where PJT Partners's PB Ratio falls into.



PJT Partners PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PJT Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=99.53/10.116
=9.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


PJT Partners  (NYSE:PJT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PJT Partners PB Ratio Related Terms

Thank you for viewing the detailed overview of PJT Partners's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PJT Partners (PJT Partners) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.
Executives
Ji-yeun Lee officer: Managing Partner C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Helen T Meates officer: Chief Financial Officer C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kievdi Don Cornwell director C/O PJT PARTNERS INC., 280 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10017
Grace Reksten Skaugen director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
David Adam Travin officer: General Counsel C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James W Cuminale officer: General Counsel ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul J Taubman director, officer: Chairman and CEO C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Dennis S Hersch director 8000 WALTON PARKWAY, SUITE 100, NEW ALBANY OH 43054
James Costos director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Thomas M Ryan director ONE CVS DR, WOONSOCKET RI 02895
Kenneth C Whitney director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Emily K Rafferty director C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kathleen Skero officer: See Remarks THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael Chae officer: Chief Financial Officer 345 PARK AVENUE, NEW YORK NY 10154

PJT Partners (PJT Partners) Headlines